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. and also you have all these pro union protests happening not too far away in lansing, michigan. we have a correspondent there as well. we'll talk to here. jessica yellin to you in washington. and, first things first, you think here michigan, you think the birth place of unions and you think about all these people who are very frustrated with this, everything i read, it seems to be pretty much a done deal, this right to work legislation, that the governor has indicated he would sign. these are the folks who helped elect the president not too long ago. should the president step in and go to bat for them? >> well, you know, the unions have been enormously supportive of the president as you point out. not only during this campaign, not only as foot stole jer sold helping get out the vote, but also financially with their dollars. the white house already expressed its support for the unions opposing right to work legislation. one of a white house official put out a statement today, matt lairic, saying in part, let me find the statement, president obama has long opposed so-called right to work
>> eric: this is a fox news alert. violent protests dominated the state house in michigan throughout the day. tens of thousands gathered, tempers flared. here are the dramatic sights and sound from a critical day in future of the unionized america. [bleep] [ yelling ] >> shut your mouth. it wasn't talking to you. put your hands on me and see what happens. >> this is -- >> leave us alone. leave us alone or we'll come for you and get you out of your position. >> eric: but this is probably the most dramatic fox news contributor getting sucker punched by the union thugs. watch. >> get the [bleep] out of my face. get the [bleep] out of my face. >> you hurt a lady -- >> i didn't hurt nobody. get the [bleep] out of my face. back off. back the [bleep] off. >> okay. [ yelling ] [bleep] [ yelling ] >> eric: so why so much anger? why the threat? the answer is simply this. the collective bargaining experiment in america is over. the unions are finished. whopping 20% of the workforce in michigan is one of the most unionized states in america. it's no coincidence that michigan is also t
in michigan and we're there. good morning, everyone, governor snyder is about to sign legislation that makes michigan the 24 right to work state. the unions want to stop it. they're out in force at the capital. it could get ugly. gas prices are tumbling in st. louis. listen to this, at 3.32 a gallon nationwide the price is still the highest ever for this time in december. california, a national carbon tax could be on the the way, they've got one already, how is that working out? and china may be the number one economy soon. really? "varney & company" about to begin. >> right off the top, breaking news for you now. fox business learned that a group claimed to be aligned with terrorism is threatening to launch a massive attack against u.s. bank websites and made that threat in the fall and this is a new threat set to start this week, we hear. and a list of banks targeted includes j.p. morgan chase, bank of america, u.s. bancorp, pnc financial services and suntrust banks. more details when we've got them. the power and might of unions on display today and being tested. you will see huge protes
. controversial right-to-work measures will soon be the law of the land in michigan. republican governor rick snider signed the law despite wide protests at the capitol. the law will make it illegal for a union employee to pay union dues as a condition of their employment. >> let's explain that. just for half a second. then we'll go on. right to work, what does it mean? people ask me, what does it mean? it means unions can force somebody to pay them if they want to get a job in the state of michigan. >> well, what it means is, if you get a job, the union extracts money from your paycheck for the dues for union dues. >> well, yeah. >> automatically. >> automatically. >> you've got no choice. oh, you want to work here? well, you've got to pay us. >> right. >> what if i don't want to pay you? what if i don't want to support the candidates you support? what if they're the antithesis of my values? too bad. and so i've never understood this. >> governor snider says it was the unions who started the fight in the first place. by trying to add collective bargaining rights in the state's constitution.
point, bracing for protests. thousands battling over michigan's right to work. will the governor reconsider the controversial measure. >>> and president obama and house speaker boehner mum on fiscal cliff negotiations. and a sign that a deal could be near. >>> new world order, the economy growing at an enormous rate in china, and in a few years it will surpass the u.s. what it means, coming up. >>> dozens of homes damaged in the south, ripping off roofs and damaging trees. more to come. stamp watch, straight ahead. >>> lots to talk about this morning. the next two hours, we'll talk with steve israel. jeff sessions, sandy levin, rahm emanuel and businessman javier paolomarez, ed burns, frankie monday easy, and chuck leavell. "starting point" begins right now. welcome, everybody. "starting point" this morning, angry, united. bracing for protests in michigan as the state is poised to become the most unionized right to work state. as many as 10,000 unionized workers expected at the state capitol to voice their disapproval of the measure. some of them teachers, two detroit area school
you. >> plus, fighting the poll gram in michigan. the plan to fight for democracy, the right wing media distracts with this. [bleep]. >> we'll tell you what's really happening and why they have it all wrong. you're watchi ining "politics nation" on msnbc. ...so as you can see, geico's customer satisfaction is at 97%. mmmm tasty. and cut! very good. people are always asking me how we make these geico adverts. so we're taking you behind the scenes. this coffee cup, for example, is computer animated. it's not real. geico's customer satisfaction is quite real though. this computer-animated coffee tastes dreadful. geico. 15 minutes could save you 15 % or more on car insurance. someone get me a latte will ya, please? up high! ok. don't you have any usefull apps on that thing? who do you think i am, quicken loans? ♪ at quicken loans, our amazingly useful mortgage calculator app allows you to quickly calculate your mortgage payment based on today's incredibly low interest rates... right from your iphone or android smartphone. one more way quicken loans is engineered to amaze. ♪ >>> ha
♪ >> battle ground michigan. bailout taxes, yes, the wolverines state set a stage today. item one, four hours from now, president obama visits a suburb of detroit. in that near bankrupt city asks for a bailout. will the president oblige. organizationed labor health. the right to work legislation. the unions hate it. will the president step in? . detroit voted for him, the unions, mr. obama is there, what is he going to do? china is here buying part of the bailed out aig, buying 123 battery company and buying american mansions. that's what happens when china has the money and we've spent all of ours. or losing money can pop up anytime. that's why she trades with the leader in mobile trading. so she's always ready to take action, no matter how wily... or weird... or wonderfully the market's behaving... which isn't rocket science. it just common sense. from ameritrade. i heard you guys can ship ground for less than the ups store. that's right. i've learned the only way to get a holid deal is to camp out. you know we've been open all night. is this a trick to get my spot? [ male announcer ] brea
stories and breaking news. jon: violent protests in michigan as it becomes the nation's the 24th right-to-work state. a gunman opens fire in a mall packed with christmas shoppers. what we know about the shooter. >>> plus new information on the 11-year-old cancer patient taken out of an arizona hospital, all "happening now" jon: "happening now", new reaction to korea's defiant launch of a long range rocket from the north. hello, i'm john scott. >>. jenna: hi, everybody i'm jenna lee from washington, d.c. today. the north koreans say this is launch is a success as the united states and our allies condemn the move calling it a test of technology for a missile that could be eventually used in a nuclear attack. many saying this is a huge threat to regional security. north korea is insisting it is just a peaceful effort to put a satellite into orbit. right now the u.n. security council is meeting behind closed doors to discuss a response. in the meantime a lot of talk happening in d.c. national security correspondent jennifer griffin is live at the pentagon with more on this. so far, what is
at michigan state house. there's a vote from the house that has passed the right to work bill. want to bring in alison kosik for the latest. this is controversial, allison. how are people responding? >> reporter: there's not much response here. what's going on inside the capitol is this. two votes happening in the house, one passed as you said, 51-48. that is the public union portion of the right-to-work law. that passed the house. now with the house is going to do is vote on a senate bill on private unions and that is also expected to pass. once that does if it does, it's expected that measure will head to governor rick snider's desk where he is expected to sign it. i did talk to protesters here, i let them know that the first part did pass. one teacher i talked with who came out today said they're not listening to us standing out here. at the same time another person in favor of the measure came up to me and said, what's the latest? i said the first measure passed and she jumped up and said, yeah. you are feeling the tension start to happen here. one thing that happened 40 minutes ago a te
what happened in michigan. kaboom. >> brian: first we called him an owner and then a governor and then mr. president . soon someone might be able to call him grandpa. "fox and friends" will have that story. it starts now. ♪ "fox and friends". >> gretchen: good morning, everybody. we'll start with a folks news alert. breaking newings. witnesses say he stormed in a portland, oregon mall shouting i am the shooter. terrified shoppers tried to run for safety. the man wearing body armor and came flauge killed two people and seriously injured a third before taking his own life. many escaped and others hunkered down. the mall remains closed today and police have yet to release the name of the shooter although they know who he s. >> steve: shawn [-fls] shopping in the mall when they heard the gunshots and they join us live from portland. thank you for joining us. >> thank you for having us. >> steve: shawn you and your girlfriend and ryan had just sat down in the food court and made a purchase at panda express and opened a fortune cookie that said what? >> i opened my fortune cookie
delivery issues in several states, including iowa, michigan, wisconsin, and nebraska. it also says contingency plans are in place. we didn't see service advisories on u.p.s.'s website or the postal service website. what's adding to this is really that surge in online shopping i just told you about. it's got a direct impact on the shipping business. these shippers, they just had a huge increase in volume this holiday season, and some of the biggest single days ever. listen to this. u.p.s. says it made 28 million deliveries just last thursday. fedex says it moved 19 million packages on its busiest day. even the postal service says it moved a whopping 658 pieces of mail on december 17th. the weather is complicating issues. packages may arrive late in some places. carol? >> you're right about that. i mailed some packages last thursday, and u.p.s. told me i had a 50-50 chance of them getting there by christmas day. i'm keeping my fingers crossed. >> fingers crossed. >> alison kosik, thank you. >>> we have to talk politics. with the president and congress spending christmas away from was
. >>> joining me now is michigan congressman mike rogers, chairman of the house intelligence committee, also a former fbi agent. thanks for being with us. what is the significance and what do we know about the success of this, because there had been prior attempts, all failures, but this one seems to have worked. >> it seems to have worked according to plan and maybe worked beyond what we expected and maybe even what the north koreans expected. this puts them clearly on a path, you know, there's that three-legged stool of trying to get a nuclear weapon you can deliver some place and detonate. the mission portion of that is a very important portion of that, so this is a very serious, very provocative steps, certainly in violation of u.n. resolutions, and this is a big moment for the international community. and i would specify china about their ability to step up and engage and change the mind of north korea on its pursuit of a nuclear weapon program that can weaponize it, put it on the top of a missile, and fire it some place. >> how concerned are we right now about a nuclear test, another n
michigan and show you and tell you what's happening there. there are large protests, basically closing down the state capitol building here. this is lansingmy, michigan. eight people arrested. there are a couple thousand people protesting inside the building. a number of them outside the capitol building. police, they say they're not letting anyone else inside. 50 state troopers are there on the ground. protests are over a push by the governor of michigan, rick snyder to make michigan a right to work state. letting workers in michigan decide whether or not they want to join unions. so the capitol is scheduled to close in just about two and a half hours from now. so police say anyone who refuses to leave will be arrested and will be charged with trespa trespassing. >>> i want to talk about this, though. one of the biggest companies, the biggest companies without a doubt in the world moving jobs out of china. bringing them back to america. apple c eo tim cook with this announcement. >> so we've been working for years on doing more and more in the united states. next year, one of the existing
and labor unions. michigan is set to be a right to work state. kelley? >> good morning steve, brian and gretchen. when he speak in michigan today. president obama will be stepping in the middle of i awe heated debate between unions and those who want to make michigan a right to work state. >> hundreds of union workers responding to the republican legislatures push to make michigan the 20th right to work state in the nation. gop lawmakers are expected to pass it. governor rick snyder once called the legislation divisive is backing the plan. >> this is somely focused on their relationship. shouldn't they have an opportunity to belong or not? it is good for economic development for more jobs coming to michigan. >> union workers disagree and argue that mish mishh was built on unions and clam that the gop majority legislature is attacking the middle class. >> it is important. they will try to reconcile the bills and the governor who didn't want the legislation is signing. we'll not stand for it >> over the weekend they continued to prepare members for staging demonstrations against did t
in love with progressive's claims service. >>> it was not until last week that michigan's governor rick snider announced that he even supported a right-to-work law. five days later, after making that support known, the bill was finished and signed so on tuesday, michigan became the 4th right to work state, rushing through legislation that substantial i will reduces union power by banning unions from requiring workers to pay union dues and online onshops that pay yub onwages. go governor snyder adopted the argument that he's freeing workers from having to pay union dues. >> i hope this gives the unions an opportunity to be more successful. by having an opportunity that really have to listen to all the workers there. and say, why are they delivering a value proposition that workers can stand up and choose to joined? >> the latest wave of union setbacks to hit the midwest and states where organized labor is traditionally strong like wisconsin and indiana. this time, however, it happened in michigan, the heart lanlds of the american labor movement. a state that's long been the spiritual cen
of the coverage begins at 2:00 p.m. eastern. >> meantime, tensions boiling over in michigan. big labor unleashing its fury as the governor writes a right to work legislation into law. a live report from there next. goldman sachs ceo live from the deal book conference in a cnbc exclusive. what's his take on the fiscal cliff, the economy and regulatory land scape. [ male announcer ] with wells fargo advisors envision planning process, it's easy to follow the progress you're making toward all your financial goals. a quick glance, and you can see if you're on track. when the conversation turns to knowing where you stand, turn to us. wells fargo advisors. ♪ [ male announcer ] 'tis the season to discover the kid in all of us. enjoy free shipping and great values on your holiday shopping from l.l. bean. >> meantime, tensions boiling regulatory landscape. >>> welcome back. i wanted to take a look at shares of berkshire hathaway. earlier, right at the open, berkshire shares were halted. it was unclear why. then we got the news, a significant repurchase of -- or purchase, i should say, of shares from a s
. this time in michigan. that after talking with house speaker john boehner over the weekend. their firps one on one in weeks. is that why republicans are saying they would swallow higher taxes for the right deal on spending cuts? we'll talk to tom cole who is making that case in just a few minutes. >>> bmw and mercedes are looking for the best selling luxury brand in the united states. wait until you hear what your money can get you these days. you're watching cnbc. ...so as you can see, geico's customer satisfaction is at 97%. mmmm tasty. and cut! very good. people are always asking me how we make these geico adverts. so we're taking you behind the scenes. this coffee cup, for example, is computer animated. it's not real. geico's customer satisfaction is q rea this computer-animated coffee tastes dreadful. geico. 15 minutes could save you 15 % or more on car insurance. someone get me a latte will ya, please? >>> is the u.s. consumer in trouble? the front page on this morning's "wall street journal" says yes. but are holiday sales and shipping proving otherwise? courtney reagan is on top of
's for sure. >> the cliff and some of the stuff happening in michigan as well. >>> netflix received a notice from the s.e.c. regulators warning that they may bring civil action against the company and reed hastings for violating public disclosure rules by posting something on facebook. back on july 3rd the ceo posted and here's the quote netflix monthly viewing exceeded 1 billion hours for the first time ever in june which seems -- he thought that was fairly innocuous, but the s.e.c. says it violates regulation fd which is the public disclosure. you have to make full and fair public disclosure of what would be considered material nonpublic information. and hastings says this is crap. he's dismissing the s.e.c. contention saying he did not believe that the post was material on facebook. in a letter yesterday he also suggested that because the post was accessible to more than 244,000 subscribers to the page, it was very public. shares of netflix not much happened. there are other things happening with the company, too. we'll talk with an analyst who covers netflix in about 11 1/2 minutes. >>>
-star tribute where he first teamed up with rock icon and michigan native kid rock. >> i had the pleasure of him introducing me that night. we kept in touch and did a home together. he said he'd like to sponsor one. here we are today. >> my philosophy is always help your neighbor first. we find people who really want to better themselves who got a great attitude. >> sergeant daven dumar who lost his leg in an ied explosion continues treatment at the walter reed army medical center where he married his wife dana last year. they are planning to return to michigan to take their first steps as husband and wife. >> we both definitely want to move back here. so it will be nice and close to family. >> little do they know what wallwrath and kid rock have in store for their family. >> first of all, welcome home. >> thank you. >> thank you for your service. you have a brand new hom
passed in michigan. hostess liquidates its brands after a battle with its unions leaving 18,000 without a job and now the show may not go on for some theaters on broadway as union members are authorizing a stray. just about 12% of all workers belong to a union in had country today, 12%. it's leading some to wonder does it pay to become a union member anymore. justin wills ops of the center for union facts says the union label is toxic to the label and our other guest takes a different view. justin, you say the union brand is toxic to many workers and companies. make the case. >> got to a point where the modern unionizing schemes unions doesn't call themselves unions anymore. in the case of new york city they launched a campaign to try to unionize the fast food restaurant. they didn't call it the fast food restaurant unsions, they called it fast food forward. at this point i think unions are finally realizing that their brand is so toxic that they actually need to start rebranding themselves because frankly they haven't been willing or capable to actually adjust to a 21st century economy
. let's go to dan in michigan as i ignore the buzzer. dan. >> caller: hey, jim, thanks for taking my call and thanks for helping me trying to understand the stock market. >> my pleasure. ford which seems to be finally doing well. do you think i should hold on to ford or invest in toyota? >> no, i think europe could turn for them. they've taken their medicine. the united states is good. i think ford is going to finally run. let's go to dan in michigan as i ignore the buzzer. dan. >> caller: hey, jim, thanks for taking my call and thanks for helping me trying to understand the stock market. >> my pleasure. thank you so much for the kind words. >> caller: my question is about weyerhaeuser. symbol wi. it's close to its 52-week high. do you think taking some profits -- >> no, no! i think this is a great housing play. i think 2013's going to be big. wy, actionalertsplus.com, we are not a seller. we are a buyer! let's go to james in ohio, please, james. >> caller: yeah, hi, jim. this is james from ohio. >> all righty. >> caller: i'm a big fan of you. what's your opinion on next era energy?
, they recuperated in michigan and later served in the senate together, bob dole walked up to the casket and lifted his left hand, his right hand was badly damage and saluted. a poignant moment. president obama at the washington cathedral, it was his really earliest political inspiration. both the president and senate majority leader reflecting on daniel inouye both a long time legislator but two days they will be getting back to work on the fiscal cliff. >> heather: the difficult job of reporting from hawaii, thank you so much, ed. >> gregg: the mother of john hammer telling her son is now in a louisiana hospital. he was released from a mexican prison last week after months behind bars. mexican authorities arrested him after he carried an antique shotgun into their country, even though he says he legally declared the weapon and had a permit for it. today his dad reportedly brought him to the emergency room during their drive back together to florida. his family reported he had a stomach flu of some sort. earlier his mother was clearly relieved to hear that her son was on american soil. >> it was l
you. >>> coming up, why as many as 10,000 union workers are expected to march on the michigan capital today. if you get a chance, read the lead editorial on the "wall street journal." this might bring us some things you haven't thought about. plus, which bank has the best customer -- a quick glance, and you can see if you're on track. when the conversation turns to knowing where you stand, turn to us. wells fargo advisors. where you stand, turn to us. ...so as you can see, geico's customer satisfaction is at 97%. mmmm tasty. and cut! very good. people are always asking me how we make these geico adverts. so we're taking you behind the scenes. this coffee cup, for example, is computer animated. it's not real. geico's customer satisfaction is quite real though. this computer-animated coffee tastes dreadful. geico. 15 minutes could save you 15 % or more on car insurance. someone get me a latte will ya, please? having you ship my gifts couldn't be easier. well, having a ton of locations doesn't hurt. and a santa to boot! [ chuckles ] right, baby. oh, sir. that is a customer. oh...sorry ab
is as the weather got bad yesterday there was a bunch of warm air over lake michigan and that melted the snow and turned it into a nasty cold rain. they had the flights that were delayed yesterday. they have eaten up the access that was created from that. as we look now at the big board it's not very big. the flights that are out there have those magic words attached "on time." getting the flights out of here. we do see significant delays but they are really on either cotion. you -- coast. you can't blame the delays. >> harris: i only counted six flights they did say on time. chicago catching a break but what about the rest are of the midwest? >> in terms of weather. the rest of the midwest got clobbered. wisconsin really got clobbered in dain county where madison is, up to 20 inches of snow. iowa sees snow that rivals the records they set in 2009 or the levels they set in 2009. you have also got tens of thousands of people without power and that's because the wind gusts got up to 50 miles per hour, harris. >> that is tough. it's pretty chilly to be without electricity. we know that all too w
. david: president obama visiting a michigan auto plants today discussed in a fiscal crisis. our next guest argues in the long run they could see strong auto sales if ther there's no d% all. joining us now, edmunds.com chief economist. good to see you. how would we be better off if we go for the fiscal cliff at least in auto sales? @> we're better off because we're taking hard medicine now. do we want pay now and better later, or suffer now and not be better off later. lots of fixing to do. if we get a stronger growth path for taking more heart medicine now, that bodes well for the entire economy including auto sales. david: your bi are basically wht a compromise compromise will not solve anything. right? >> or worse, some that just extends the uncertainty. eventually compromise anything. no compromise at all because that is what is killing us right now, we're just played with this vast amount of uncertainty. business is almost paralyzed afraid to move forward with hiring, investing and is paralyzing the whole economy really been abll to move forward. david: how many folks are really
and you might have noticed, joe, we had quite a good backup quarterback, a rookie from michigan state, kirk cousins. >> and we've got johnny football, freshman. >> freshman, won the heisman. >> he could win four heismans. >> i was hoping your bengals were going to help us out yesterday. >> you know what, john? i was hoping you were not going to bring that up. i've heard people say this, i want my three hours back. i want my three hours back. they were leading until zero time. they were leading until zero. i mean, that's -- if you've been a bengals fan for 20 years, nothing surprises you any more. they were so much better than dallas through the entire game. i feel okay because dallas wag was dealing with some stuff and maybe they won it for the guy that unfortunately lost -- you know, i could see they were playing a little bit inspired. it's better that the bengals do it now than in the first playoffs game. >> the jets won yesterday keeping their playoffs alive. >> here is my question about the bengals. do you see them as still on the rise? >> you didn't see the game? because they wer
-looking machine and i'm proud of having it. kellogg's, i think that is -- battle creek, michigan, terrific food company, jpmorgan, good bank, general mills, well, wait a second, we've got two of a kind. that's a match game one. i'll come back to that. procter, my charitable trust bought today. ibm, also charitable trust. we're going to keep kellogg, we're going to -- oh, boy, penpal's going to get mad at me, but we can't have both of these. we're going to swap out the general mills put in bristol-myers and own jpmorgan, a bank stock and then we will have diversification. ♪ hallelujah >> that makes me feel at home. let's go to scott in west virginia. scott? >> caller: hey, jim. i've got kellogg, k, norfolk southern, nfc, disney, dis, abbott laboratories, abt, bank of america, bac. >> mountaineers, wasn't their year, like that team, though. okay. here we go. disney, bob iger is doing a remarkable job. did anyone else like it besides me after that quarter? i stuck by it. bank of america, financial, abbott drug company, norfolk southern transportation, kellogg food, it's a food, transport, drug,
by the nlrb to interfere with the michigan right to work election allowing workers to decide their own paycheck? any interference by the nlrb for an election that went against unions? >> at this point, we don't see any. but what we do see is this board has been biased in favor of, if you want to union yize they're r you, if not, they're on the other side. and that's part of president obama's -- he doesn't apologize for it -- his pro-union agenda. but it's one of the reasons these right to work states continue to be voted. in fact, an open shop state is a state that's more attractive to business investment. >> sure, absolutely. chairman darrell issa, we preer appreciate your work on this particular investigation. thanks for coming back on the show. >> anytime. >>> switching gears now, portions of the accountability report on benghazi will be released to the public on wednesday, a day ahead of hearings on the raid that took the lives of ambassador chris stevens and three other americans. secretary of state clinton was given the report today but she won't testify thursday because she's re
on acceleration. >> it's little bit of both. one of those survey, university of michigan, people are more confident about employment prospects than at any point since 1984. these judge people's change in feeling mono. you can't compare your feelings five years ago to today. it may be we look like we're feeling better but if you got someone in the room from 2008 they may feel worse. people are feeling more at ease. on the plus side the employment situation isn't getting better but it stopped getting worse. incomes are up a little bit. people have been saving for four years. they don't have nearly as much debt and rates are low. there's a lot of factors coming into this. the housing market is picking up. nothing like it was. but better than it has been in recent memory. there's a lot of reasons why people in general are feeling better which doesn't mean there aren't 20, 30, 40 million people who are doing poorly. >> here's the $6 million question. here we have a situation where most americans are more optimistic, businesses are more pessimistic inverse to the last couple of years when busin
'm flabbergasted that they did that! >> stephanie: yes. mernii in michigan. hi, merni. >> caller: hi steph. i'm going to take you off of speaker. >> stephanie: all right. thank you go ahead. >> caller: i wanted to make a follow-up to one of the things that you just brought up that these businesses like wal-mart and a lot of them don't want to pay more than basically minimum wage and then not even have people working a full -- you know a full workweek. >> stephanie: right. >> caller: and basically they -- on top of that they are forcing these people to go and get additional services -- >> stephanie: yeah i just read the story corporate profits literally an at all-time high. >> caller: exactly. yeah, and it's just frustrating because then wal-mart and these other businesses are going to the government and saying they need help with trying to provide healthcare for their workers and other things and it's kind of like, you know if you don't want to provide welfare for the lower-class people, why would you think you are entitled to making all of these profits that you are?
's in michigan today with extension from daimler. >> no, that's right. ironically michigan might vote to become a right-to-work state which could help their manufacturing competitiveness, as well. but thatroceeen going on for 20 years. now, look, we think we probably need to cut the corporate tax rate and have a territoriality agreement so we stop trying to tax profits of u.s. domiciled countries twice. but if we can do those things we think manufacturing will start coming back. it's not going to really happen in a major way in '13. but you know, '14, '15, these benefits will start to accrue to the economy and if it looks like there's a real strong case for a pickup in earnings growth, in '14, then the market will start to price that in the backup of '13. >> we spend so much time talking about what's going to happen in washington over the next 20 days. it's nice to actually have a conversation about what will happen in the next twelve months. brarry, thank you so much. >> i had to force myself to do it. >> barry knapp at barclays in new york. thanks, man. where's the love for the twinkie? today
? >> we're looking for university of michigan, and it should come out momentarily. 72.9. so 72.9 on university of michigan sentiment survey. of course, this is the december final. it's going to be comped to 74.5. but that's a little bit disingenuous. it really should be comped at 82.7. that was the final reit to last month. we definitely take a bit of a backup here. how does 72.9 fit in. we vice president been below 72 point 9 since july. it was 72.3. maybe a little bit of a disappointment. of course, last night's issue with the vote, obviously didn't make the survey. but it will make the survey of what the markets try to define for the rest of the day. back to you. >> all right. thank you, rick santelli. jim, you know, let's talk about what's on "mad" tonight. >> tipco is one of these stocks, there's a bunch of them, i mentioned red hat. these are companies, s.a.p., oracle, you bring them in and you save money. you go to harrah's, and it's put together by their team. you know when you go into amazon, david let's say you like books on gardening, the next thing i know it puts yo
. >> nbc property. >> looking pinub in all the wrong places. >>> a major investment in michigan, that story next, and more from our guest host who is once, twice, three times a bank ceo. [ male announcer ] this december, remember -- you can stay in and share something... or you can get out there and actually share something. ♪ the lexus december to remember sales event is on. this is the pursuit of perfection. >>> welcome back to "squawk box." dow looks like it would open 25 points higher, up almost two points, the nasdaq a little over close to two and a half points. making headlines, ford plans to invest more than $773 million in new equipment and capacity expansion across six plants in southeast michigan. the automaker has committed to invest $6.2 billion in u.s. plants by 2015 as part of an agreement with the uaw. >>> coming up, our guest host this morning has been john can his, chairman and ceo of bank united. we are going to give him the last word. easy like sunday morning when "squawk" returns. ...so as you s customer satisfaction is at 97%. mmmm tasty. and cut! very good. people ar
snow. chicago, michigan, all those midwestern states, now bracing for a big storm but come a little bit late. >> global warming. that's what people are saying. >> let's check in with bob pisani here on the floor this morning. bob, have you met snoopy yet? >> hey, no haven't met snoopy. everybody here distracted, i think a little news everyone is talking b try to answer issues, people want to know what is going on here. the deal reflectsed diminishing value of the stock trading business and the higher value of the derivatives business. when i say diminishing value, remember the nasdaq ice bid that happened in april 2011? 4253. today's deal, 3312. that's not lost with anybody. a higher p, market cap here. what is going to happen to the stock trading busy in know what they are saying what is really going to happen? a lot of the betting, they will spin off the european part of the cash equities business, retaint u.s. part. however, that does not mean that in the future, you couldn't having? happen. you couldn't spin it off, ipo it in the future, even having current management retain control
for home buyers. and investing more than $773 million in the manufacturing plants in michigan, the. says it will update and he can pand production lines at six plants in the state and creating more than 2,000 hourly jobs. it's all part of a deal that ford made to invest more than $6 billion in u.s. plants by the year 2015. >>> and a mother who hoped to spend christmas with her husband and two children turned to the online community for help. she was facing mountain bills and a major surgery. our affiliate wftx has her story. >> in this four-minute youtube video, jennifer johnson doesn't say a word but yet says so much as she tells the story of her heart condition that would kill her just two month after she recorded this video. choking back tears, the 30-year-old mother uses flash cards to describe her fear of leaving her two young kids behind, calling them her heartbeats. >> she had a very big heart. >> robert proposed to her an valentine ds day when she was five months pregnant. a test revealed that she had a condition with her heart restricted blood flow. she describes the moment she
pension costs for government employees. michigan passing a right to work law so you don't have to join a union in one of the most unionized states anywhere and demise of twinkies when a bakers union refused to accept any concessions at all on retirement costs. it is always money at heart of the these disputes and unions seem to be getting harder and harder edged about this. let's remember unions represent less than 7% of the private workforce in this nation. they represent 40% of the government workers. here we've got a private union strike that could happen starting this coming sunday t could be crippling. which means they will sell it fast. heather: neither said no to renewing talks. the national trade associations, they have even appealed to president obama use the taft-hartley injunction to hold off this strike for 80 days. >> reporter: right. to force them to get back to the table and negotiate. you have to wonder how this will turn out. i wish them luck on both sides. heather: thank you so much, dennis. >> reporter: thank you, heather the. gregg: snow, rain, freezing drizzle maki
arbor, michigan, is domino's ceo patrick draw. patrick, are you -- can you do this? i really should recuse myself. i had -- >> he's already been eating the pea sxwap. >> and last night i ordered two pizzas and garlic bread. it was like $31, patrick. you guys are -- you're doing all right for yourself. i have to let becky do this interview because i'm bias. >> and did you deliver those pizzas? i don't think you did. i think we already did some -- how is pizza? you redid the menu. are you where you want to be in terms of the new menu and quality at dominos? >> yeah, we absolutely are. business has been great the last couple of years. you know, through the third quarter it was still strong this year. worry about europe a little bit. we've still held together there. that's the region of the world we worry about more than others. asia is still strong. latin america has held up pretty well. >> do you have plans to get any healthier? is that something -- i'm not saying you're not, but you know the way to political winds are blowing, you've seen mcdonald has some success and, you know, we'r
a statement, markets pulled back. they had rallied back after the university of michigan data. they were back at the morning's highs. people said, wait a minute. if it's a deal, wouldn't both of them be making a statement. it's something that you keep in the back of your mind. if you ever hear they're going to make a joint statement, the mashlt will probably take off, sensing that that's the deal. this morning they pulled back in anticipation of his speaking because he was speaking along and then they pulled back on his statement which seems edseemed progress so far. >> it might be a free pass. so many different variables. sandy, the election, holiday workers. you say three asterisks. >> yeah, i think it has to have three asterisks, it doesn't fit in with initial claims and other items. they said sandy had no impact on the number. i think that may be because the number was basically taken before the impact was held. i think they're going to see a lot of revisions here. >> next week setting up. it's going to be another big one. same store sales from various companies and, of course, the fed. >
of things. a stretch of michigan could see mixing. into friday the system makes its way to the east coast. new york dealing with rain in the morning. d.c. may be safe from that. on the back side, a lot of us will be cooling down. a big-time travel week, especially toward the holiday season. so a number of things to keep a close eye. and saturday almost all the -- close eye on. and saturday almost all the snow is lake-effect snow. the eastern edge of the lakes through western p.a., western new york, the better chances for some of the snow with that system. a lot to watch there, guys. >> all right. and you don't -- that's all loaded into your thing. you press -- press it, and it just -- it happened. you don't have like -- you're not pressing snow. you don't have like a rain button or sleet button. you can't just turn that into sleet, can you? >> if i could do it, i would turn atlanta into a ski town. >> that would be good. in denver now, do you know, is it going better than last year -- in the reeks there, do they have a better base? is it looking good for the season, do you know? >> so far
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